Understanding the CryptoCurrency Trade Room, And Trade Like a Pro.
Understanding the CryptoCurrency Trade Room, To Trade Like a Pro.
To trade CryptoCurrency efficiently you have to master how to use the trade room,
Like knowing
1. what the chart is saying, know
2. What the order book is saying
3. Know the order types they're, what they do, how to use them and why.
I know this can be quite overwhelming for new commerce into this space.
so in this article am going to hold you by the hand and work you thought step by step on how to read the order books, and show you how you can able to differentiate between the order types, What they do, why they do what they do and How to use them,
there Two types of people in the trade Room
The Makers and The Takers
The Prince order book Look like this
but let me show you a simplify version
So this is a JUDE Coin Against the USDT order book, The first column is the price and the second column is the amount.
Does in red are the sellers while does in green are the buyers.
The important thing to notice about the order book is that the price for sellers increases upward, while the price for the buys decreases downward.
Now let's look at the order types on binance.
Let's explain them one by one
**Market Order**
**Limit Order**
The limit is used to buy and sell at your preferred price, but these are only executed if the market requirements and market pricing are made.
**Stop Limit**
example of this, is when you conduct an analysis and you find out that, this coin you are holding, which is priced at $100, your analysis is indicating if this coin gets to the price of $105 the chances of the price hitting $110 is quite high.
so you can use this order in this way,
-Current price $100
-if the price reaches $105
-My coin should be sale at $110
with this setup your coin sale order at 110 will be activated immediately the value of the coin gets to $105.
The same principle goes, if you buy the coin using the Stop Limit order. (Buy)
**Oco Order**
Now let's look at the oco order, the oco means one cancel the order order one cancel the other order so this is used as a combination of the (Limit Order Type) and the (Stop Limit Order Type) Now let us look at how we can use it.
Let's assume we have this bitcoin Cash coin at 100 that is the price it is and I went and did my technical analysis and I found out that it's likely to fall back to 95 then rise from there.
that could happen or if that doesn't happen he's going to but if that doesn't happen and it keeps on rising if he gets to one or two dollars it's going to keep rising.
so what I would do is I'll place an oco order one to buy at 95 or that is limit order now buy at 95 dollars or stop limits order to buy at 102 whichever one happens first if the coin do not fall to 95 dollars but just keep rising my coin will be bought at $102 dollars
And the $195 dollars is going to cancel right, but if the coin did not rise and falls to 95 dollars and it's bought at 95 dollars the order I placed At $102 it is going to be cancelled.
This combination of the two orders is what is called the oco order. I can place this order and go and sleep.
Then the oco sell is the same thing I have the coin I want to sell I did my analysis I found out that it is likely to fall tonight's eight dollars or rise to 105 dollars so what I place my orders one that if I already have the coin, then if it gets to $105 dollars I sell it, but if it drops to $95 dollars I sell it and buy it whenever it reach the bottom of that chart so these are the type order type we have on binance.
If you got any value or have any question let me know in the comment section below.
If you got any value or have any questions, let me know in the comment section below.
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In this digital age, people can easily do things which seems impossible about a hundred years ago. With the invention of advance technologies such as computers, mobile phones, robots and the internet, task have become easier, faster and simpler to carry out.
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Many people think to own a website is a big deal because you will have to do a lot of programming and if you are not a programmer, you will have to hire one which will definitely cost a lot of money.
But the good news that I bring to you today is that you can build, create and design your own website or blog where you can post updates, share your thoughts, opinions and ideas, upload music, images and videos. The good part is that you can do this without typing a single line of code. How???
The answer to your question is known as website builder. This is essentially a software with already made templates and tools which helps you to build your own website/blog.
Some website builders which I highly recommend include:
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1. WordPress
2. Wiz
3. Site123
4. Bitrix24
5. Bluehost etc.
Amongst the above mentioned website builders, WordPress is the most used by people for building their website and Websites built with WordPress covers about 30% of the internet . But according to survey, Site123 is by far the most simple website builder to use.
Below is the process you can use to create your Site123 website:
1. Go to www.site123.com
2. You would be asked to choose the type of website you want to build. It can be a blog, online store, booking, investment and so on.
3. Sign up by registering with a valid email/Gmail and create your own unique password
4. An email will be sent to you which you will have to confirm and then you will be redirected to your site123 account from which you can start working and designing your website to your taste and appeal. I hope this helps
HAPPY WEBSITE BUILDING!!!
Please if this article is helpful, don't forget to hit the Thumbs up 👍, and I will see you at the other side.
Don't Waste Money Buying New Memory Card, Delete This Hidden File Occupying Your Memory Space.
Have you ever wondered what is eating up your memory space? You are not Alone,
Imagine when you have 16gb internal storage and you don't even have many videos, photos, or even too much application installed on your phone, but still you there is not enough space to store more important files or even snap pictures. That feeling is exhausting.
So in today's article, I'm going to show you how to free up much memory space on your phone without losing any of your files.
First of all, go to your phone file manager and click on the menu icon on the upper right or left it could be anywhere, enable hidden files After that click on (Dcim) Folder inside the 'Dcim' folder you will see a hidden file name (Thumbnails)
This file contains all the thumbnails of your videos, photos, and even the apps icon of the install and uninstall on your phone. Deleting this folder won't make you lose anything on your phone. This (thumbnails) The folder can be up to 3gb+ in size.
After deleting it, click the + icon on your file manager and create a new file. Name it (thumbnail) For it not to create itself again.
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The Most Difficult Animan To Kill
**Tardigrades** Also known colloquially as water bears or moss piglets, are a phylum of water-dwelling eight-legged segmented micro-animals. They were first described by the German zoologist Johann August Ephraim Goeze in 1773, who called them little water bears.
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Some can withstand the shock of boiling water and temperatures that near absolute zero. Others have survived in the crushing pressures of the deep ocean or go without water for decades. Tardigrades have survived in the vacuum of space. In 2014, Japanese researchers got a group of tardigrades that had been frozen for 30 years. What did they do after they woke up? They reproduced. Tardigrades are basically indestructible only when they enter a special state called cryptobiosis.
In harsh environments, the animals tuck in their legs and expel all moisture from their bodies. In this state, they're called tuns.
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Different species of tardigrades have different adaptations for a wide variety of environmental threats. In hot conditions, they release heat-shock proteins, which prevent other proteins from warping. Some tardigrades can form bubbly cysts around their bodies. Like puffer jackets, the cysts allow them to survive in harsh climates.
These animals are very tough and are the toughest on earth.
Important Things to consider when buying a New Smartphone
Buying a smart phone is not just about going to a store and the store keeper says "take this, it is really good", then you pay and go. No, before buying an android phone, you first must know what you want to use it for. What purpose would you use it for?
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If you are just a regular phone user, buying to just send and receive calls then maybe chat and that's it, then you can get a regular one. But if you will use it for other higher things, you would have to consider this 4 factors.
1. Memory:
The memory in an android smart phone consist of two which is the ROM and RAM. The ROM simply stands for Read-Only Memory which is the memory that comes in the phone where you can store files like pictures, videos, audios and documents. If you would do much of heavy files, you would coinsider getting a higher in built memory phone.
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Then, the RAM simply means Random-Acess Memory. RAM is a fast temporary type of memory in which programs, applications and data are stored. Examples of what's stored in RAM: the operating system, applications. If you will do a lot of applications, get an higher RAM phone.
2. Camera:
Not everybody loves pictures, but there are times you would need to quickly snap a document and send to clients or officials. You can't use a low mega pixel phone to snap it clearly. So it is always adviceable to get a phone with both clear front and rare camera. High mega pixels does it better.
3. Battery:
Battery is as important as the phone you're buying. If your battery is of low mAh ( Milliamp/milliampere), you can't enjoy the phone itself. You would always have to charge or get a power bank for support.
4. Processor:
Much like smartphone cameras, there is a lot of hype about processors like quadcore, octa core, Snapdragon, MediaTek and so on.
The best thing to do is to look at the processing speed that is expressed in terms of GigaHertz (GHz). The higher the speed, the faster the processor. If you are going to do a lot of photo/video editing or play online games and stream videos, opt for a faster processor.
I hope this helps.
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10 creative ways to use water bottles instead of dumping them in our oceans
**Stop Throwing Away Your Water Bottles: Check These 10 Creative Ways To Use It.**
Water bottles are one of the cheapest and easiest, and most versatile products to give a new purpose to. There are many or let me say thousands of crafts you can use either plastic or glass bottles to do.
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So you too you can give these good crafts a trial and you will love it at the end.
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Like I said before, there are thousands of crafts you can use your water bottles to do, but I will only give 10 out of them.
These 10 simple and good crafts of water bottles are listed below.
**1. You can use it for glass pasta (or anything) holders.**
**2. You can also use it to clean your drain.**
**3. For Sprinkler.**
**4. Glass bottle mini ecosystem.**
**5. For DIY spray paint container.**
**6. Dog toy.**
**7. Paint dabbers.**
**8. Wasp trap.**
**9. Planter**
**10. For no-sew zipper bottle containers**
**Those are the amazing things you can use your water bottles to do instead of dumping them in our oceans.**
**Please like, comment and share this amazing article to others.**
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